Microsoft quits Nscale UK data centre deal ahead of planned $3 billion IPO - investingLive

Microsoft halts $3 billion AI data centre project in Essex

Microsoft has scrapped a deal with Nscale to construct a $3 billion AI data centre in Loughton, Essex. This project was set to be the UK's largest AI facility. The decision comes after concerns about the power supply for the site. This move could affect Nscale's plans for a $3 billion initial public offering. The cancellation highlights challenges with the power infrastructure for the project.

More Top Stories

{Oil transport costs expected to stay high|High oil transport fees anticipated|Oil shipping expenses to remain elevated|Expected surge in oil transport costs|Projected increase in oil shipping fees}

Expected surge in oil transport costs

Oil transport fees are anticipated to remain elevated for several weeks based on the latest reports. Global cr...

Oct 17, 2026
Fatal military base fire among Canada's worst peacetime tragedies, PM says - ABC News & Headlines - Australian Broadcasting Corporation

Four soldiers killed in fire at Canadian military base

A fire at a Canadian military base has claimed the lives of four soldiers and injured many others. The Prime M...

Oct 19, 2026
School evacuated after 'explosive device' threat - BBC

BBC Northern Ireland Set to Reduce Staff Numbers

The BBC Northern Ireland is set to cut its Irish language staff by more than half. This decision has sparked a...

Oct 19, 2026
Letterboxd Users Say These Are The Best Films Ever. Here's Where To Stream Them - HuffPost UK

Robin Williams on Fatherhood: Struggles and Triumphs

Robin Williams shared a quote about his path as a parent, admitting challenges and growth. He discussed his st...

Oct 18, 2026
Weather in the UK - forecast, data, and advice for drivers - RAC

El Niño's Widespread Weather Effects

El Niño is causing widespread weather disruptions. Indonesia faces increased wildfires, while New Zealand expe...

Oct 20, 2026
[LIVE*sTrEaMs]@! PSG vs Strasbourg Live - Universidad de Córdoba (UCO)

PSG's victory over Man City: a close win described by coach Luis Enrique

PSG coach Luis Enrique described their victory over Man City as close. Enzo Fernandez and Erling Haaland start...

Oct 17, 2026
News Roundup · Weekly Review · Daily Digest · Latest Update · Local Briefing · Local Briefing · News Roundup · Daily Digest · Daily Digest · Local Briefing · Daily Digest · News Roundup · Weekly Review · News Roundup · Local Briefing · News Roundup · Community Report · Local Briefing · News Roundup · Daily Digest · Community Report · Community Report · Weekly Review · Community Report · Latest Update · Weekly Review · Daily Digest · Weekly Review · Local Briefing · Daily Digest · News Roundup · Local Briefing · News Roundup · Local Briefing · News Roundup · Latest Update · News Roundup · Weekly Review · News Roundup · News Roundup